Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Bought by Rakuten Securities Inc.

Rakuten Securities Inc. raised its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 2,722.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 621 shares of the consumer goods maker’s stock after buying an additional 599 shares during the period. Rakuten Securities Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $31,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BUD. Holocene Advisors LP raised its stake in Anheuser-Busch InBev SA/NV by 22.8% in the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock valued at $287,144,000 after buying an additional 803,257 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth about $37,311,000. Fisher Asset Management LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 6.0% during the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock worth $683,252,000 after purchasing an additional 587,329 shares during the last quarter. Alberta Investment Management Corp purchased a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth about $28,540,000. Finally, Penn Davis Mcfarland Inc. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 34.0% during the fourth quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker’s stock worth $23,409,000 after purchasing an additional 118,686 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $61.37 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $67.49. The business’s 50-day moving average price is $52.67 and its 200 day moving average price is $56.87. The firm has a market cap of $110.29 billion, a P/E ratio of 18.94, a P/E/G ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The firm had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. On average, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on BUD shares. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. TD Cowen dropped their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. One analyst has rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has an average rating of “Buy” and a consensus target price of $64.00.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.